Medallion Resources Ltd. issued a press release on March 28, 2022 announcing signing of an exclusivity agreement with a private North American research company to provide a three-month period to undertake additional due diligence on proprietary REE metallization and rare earth magnet recycling technologies. The Press Release contained information with regard to the Ligand Assisted Displacement (“LAD”) Chromatography [...]
Medallion Resources Ltd. is pleased to announce the launch of a new strategic plan to position the Company in the near term as a technology leader within the industries essential to the generation, storage, and efficient use of clean energy. Key parts of the plan include a strengthened executive leadership team, up-listing to Nasdaq Capital Markets, and rebranding as Medallion Innovations Corp. to better reflect the [...]
Medallion Resources Ltd. is pleased to announce signing of an exclusivity agreement with a private North American research company to provide a three-month period to undertake additional due diligence on proprietary rare earth element metallization and rare earth magnet recycling technologies. If the technical due diligence is successful, Medallion will seek to negotiate investment terms to acquire or partner on all or [...]
Medallion Resources Ltd. is pleased to announce the appointment of Dr. Kurt Forrester as a director of the Company. Mr. Daniel Mamadou has resigned as a non-executive director to pursue other engagements, and shall join Medallion's Advisory Board. The Company thanks Mr. Mamadou for his input and vision as a director, and wishes him success in his future ventures. The appointment of Dr. Forrester signals a significant [...]
Medallion Resources Ltd. is pleased to provide a corporate update on initiatives that are underway to enhance shareholder value. The accelerating shift to renewable energy generation and electrified transport and the commitment to infrastructure upgrades in the US are providing excellent opportunities for companies involved in the production and processing of relevant raw materials. Medallion seeks to be a key participant [...]
Medallion Resources Ltd. is pleased to provide a corporate update on research underway with Purdue University to advance and optimize the Ligand Assisted Displacement Chromatography method for rare earth element separation. As reported February 18 2021, Medallion is the exclusive licensee of this breakthrough environmentally friendly technology for all non-coal sourced raw materials. Key Points Medallion has separated [...]
Medallion Resources Ltd. is pleased to announce the addition of Daniel Mamadou and Gabriel Alonso-Mendoza to the Board of Directors . Both Daniel and Gabriel are long term, active participants and investors in the rare earth element industry, and bring extensive commercial and financial experience to the Medallion team. "The addition of Daniel Mamadou and Gabriel Alonso-Mendoza to the Medallion Board is a key moment for [...]
Medallion Resources Ltd. is pleased to announce the signing of a non-binding letter of intent with Australian private company ACDC Metals Pty Ltd to form a partnership to utilize Medallion's proprietary process to extract rare earth elements from monazite in southeastern Australia. The Medallion Monazite Process is a proprietary method that enables sustainable extraction of rare earth elements from mineral sand monazite [...]
Medallion Resources Ltd. is pleased to provide a summary of an independent Techno-Economic Assessment for Medallion's proprietary process that enables sustainable extraction of rare earth elements from mineral sand monazite. The TEA was completed by process engineering and simulation specialists Simulus Engineers . The Medallion Monazite Process is a proprietary method and related business model to achieve low-cost REE [...]
Medallion Resources Ltd. advises that Mr. Don Lay, Director, VP Corporate Development and Former CEO of the Company, passed away unexpectedly this weekend. Mr. Lay was a strong voice in the industry and CEO of Medallion from 2014 until May 2020. Rod McKeen, Chairman of the Board, said, "It is with tremendous sadness that we share the passing of our colleague and friend Don Lay. Don was the strength and drive behind [...]
Medallion Resources Ltd. is pleased to announce the successful separation and purification of the magnetic rare-earth elements neodymium and praseodymium, from US-sourced mineral sand monazite. This is a significant milestone for the Company and highlights the value-add opportunity created by the recent exclusive licensing of the Ligand Assisted Displacement Chromatography method and underlying patents from Purdue [...]
Medallion Resources Ltd. announces completion of a suite of diagnostic test work at the Australian Nuclear Science and Technology Organization in Sydney, to extract rare earth elements from mineral sand monazite. The monazite was sourced from an Australian mineral sand mine. Discussion is ongoing with additional prospective suppliers. Mineral sand monazite is an abundant REE-rich feedstock, that can be accessed as a [...]